Risk-averse investors find safer harbour in Sing-dollar bonds

"New issuance this year has almost entirely been from high-quality issuers such as DBS, Mapletree and Ascendas, whereas last year, the market was still open for smaller companies and first-time issuers."
- Mr Gopalakrishnan of Credit Suisse Private Banking Asia-Pacific

Singapore

SINGAPORE bonds sales have so far been brisk in 2016, as risk-averse investors turn to high-quality debt.

The better credits have been quick to seize the opportunity to sell bonds, offering them lower interest rates and longer tenures.